Big Win for Crypto: SEC Says Dollar-Backed Stablecoins Are Not Securities
The U.S. SEC just made a game-changing move. Stablecoins backed by actual dollars and easily converted to cash are officially not securities.
Keep up with what's happening in the crypto world in real-time.
The U.S. SEC just made a game-changing move. Stablecoins backed by actual dollars and easily converted to cash are officially not securities.
Since XRP is having trouble holding onto its position above important support levels, its recent bullish momentum seems to be waning. Following a positive recovery from $1.95, a level which is also the 200-day EMA (black line on the chart), XRP was able to approach the $2.20-$2.30 resistance zone.
Stellar Lumens price has dropped in the past few months, mirroring the performance of most altcoins like Cardano and Avalanche. Stellar (XLM) was trading at the crucial support at $0.25 on Sunday, much lower than last year's high of $0.6380.
A Korean financial analyst who uses the name XForceGlobal has made bold claims about XRP's future price, stating the cryptocurrency could reach between $10 and $20 in the coming months. The confident prediction comes even as XRP currently trades at $2.07 and the broader cryptocurrency market struggles through a prolonged downtrend.
What's on the minds of cryptocurrency enthusiasts this weekend? Touching grass?
The value of transactions in the Ethereum ecosystem has decreased 60 times since March 2024.
PayPal has added Chainlink (LINK) and Solana (SOL) to its expanding lineup of supported cryptocurrencies, allowing U.S. users to buy, sell, hold, and transfer the tokens directly through PayPal and Venmo. This latest move highlights the payments giants deepening commitment to digital assets, following its initial rollout of crypto services in 2020.
The SHIB burn rate has plummeted sharply, according to Shibburn, a platform tracking Shiba Inu (SHIB) token burns on Etherscan. Over the past 24 hours, SHIB burn volume fell by 42.07%, with only 21.6 million SHIB transferred to dead wallets and permanently removed from circulation.
XRP, the fourth-largest cryptocurrency by market capitalization, is trading at around $2.14, up 3.22% in the last 24 hours, according to CoinMarketCap. Following its dip on April 2, XRP has rebounded, marking its third straight day of gains.
Cardano (ADA), the ninth-largest cryptocurrency by market cap, is approaching a technical indicator known as a death cross a bearish signal that could point to further downside. A death cross occurs when the 50-day simple moving average (SMA) drops below the 200-day SMA, suggesting weakening short-term momentum.
Shiba Inu (SHIB) has shown resilience amid ongoing market volatility in Q1. Despite challenges in maintaining key support levels, SHIB surged 2.45% in the last 24 hours, trading at $0.00001233.
In a significant development for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has issued long-awaited guidance on stablecoins, offering regulatory clarity to a key segment of the digital asset market. The SECs Division of Corporation Finance clarified that certain stablecoinsreferred to as Covered Stablecoinswill not be treated as securities under current U.S. law, provided specific conditions are met.
Shibarium, the Ethereum-based Layer-2 scaling solution within the Shiba Inu ecosystem, has surpassed 10 million blocks and is quickly approaching the 10.5 million mark. With a current count of 10,306,430 blocks, and adding one block every five seconds, Shibarium is on track to reach the milestone before April ends.
Ripples U.S. dollar-pegged stablecoin, RLUSD, has soared to a $293 million market cap since launching in mid-December 2024, according to CoinMarketCap. The assets 24-hour trading volume sits at $36.12 million, reflecting rapid institutional adoption.
XRP defied broader market pressure on April 5, surging 6% to $2.16, according to TradingView data. The tokens 24-hour trading volume also climbed 15.04% to $4.3 billion, signaling heightened market interest.
U.S. Securities and Exchange Commission (SEC) staff are revisiting previous crypto-related guidance to ensure alignment with the agencys current priorities, according to acting Chairman Mark Uyeda. In a recent post on X (formerly Twitter), Uyeda announced that key documentsincluding those related to Bitcoin futures funds under the Investment Company Act, digital asset investment contracts, and crypto custody frameworksare under active review.
Bitcoin could soon undergo its most significant cryptographic upgrade as developer Agustin Cruz introduces the Quantum-Resistant Address Migration Protocol (QRAMP), a draft Bitcoin Improvement Proposal (BIP) aimed at shielding the network from future quantum threats. The proposal recommends a network-wide migration of BTC from legacy wallets to ones secured by post-quantum cryptography.
The U.S. stock market suffered a historic $5.4 trillion wipeout following President Donald Trumps announcement of reciprocal tariffs. Within just two days, the SP 500 plunged to an 11-month low, and the Nasdaq 100 entered bear market territory with an 11% drop.
For years, Ethereum and Cardano have been the go-to names in crypto portfolios—known for their smart contract infrastructure, developer activity, and long-term roadmaps. But in 2025, as the market matures and investors search for higher potential returns, many are realizing that the next 10x opportunity may not come from these already-established giants.
Bitcoin is beginning to show signs of an impending breakout following Monday's potential spike in market volatility. Santiment data indicates that the term "decoupling" has been used more often than ever before on websites such as X, Reddit, Telegram and 4Chan.
When the crypto market succumbs to hype and spectacular narratives, fundamental signals get drowned out in the noise. However, it is precisely in these phases of disconnection between valuation and on-chain data that real dynamics take shape.
The following is a guest post from Hlib Rabchuk, PR Manager at Ethereum Ukraine. Web3 is evolving at breakneck speed—new protocols emerge, developer trends shift, and the skills in demand today might become obsolete tomorrow.
Conor McGregor, the former UFC champion, has entered the crypto scene with the launch of a new memecoin dubbed REAL.
The past week was a whirlwind of activity in the cryptocurrency world. From Ripple's concerns about the UK's crypto regulation to Circle's renewed public listing ambitions, and the anticipated Bitcoin price surge, there was no shortage of intriguing developments.
